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August 2022

Canadian taco franchise uses NFTs for customer loyalty program

Canadian taco franchise uses NFTs for customer loyalty program

A Canadian restaurant franchise is putting their customer loyalty program on the blockchain through a new Tenacious Tacos NFT collection. With 19 locations across Canada and a plan for expansion into the United States, this $6 million taco franchise wants to capitalize on their growing customer base. The collection, Tenacious Tacos, allows holders to receive […]

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South Korean VC Firm Hashed Lost Up to .6B to LUNA Crash: CEO

South Korean VC Firm Hashed Lost Up to $3.6B to LUNA Crash: CEO

With many crypto companies notably finding it difficult to share the extent to which the collapse of TerraUSD (UST) and LUNA coins affected their businesses, Simon Seojoon Kim, the Chief Executive Officer of South Korean venture capital firm Hashed, has revealed how much the firm lost when Terra collapse back in May. In an interview with

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Europe’s Securities Regulator ESMA Seeks to Obtain Crypto Transaction Data

Europe’s Securities Regulator ESMA Seeks to Obtain Crypto Transaction Data

The European Securities and Markets Authority (ESMA) is gearing up to implement stricter oversight in regards to crypto-related transactions. The agency is now looking to hire suppliers of trading data, as monitoring major participants in the market falls under its responsibilities. ESMA Launches Public Procurement for Providers of Crypto Trading Data The securities watchdog of

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Coinbase Stock Soars on BlackRock Partnership News

Coinbase Stock Soars on BlackRock Partnership News

Shares of the crypto exchange opened trading up over 31% on Thursday. Coinbase Global (COIN) shares opened the trading day Thursday up over 31% to $106 after the cryptocurrency exchange announced a new partnership with asset management giant (BLK). Shares were then briefly halted for trading by the Nasdaq for volatility. They were recently trading up 20%

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Alibaba shares pop 6% after earnings beat — but reports first flat revenue growth in history

Alibaba shares pop 6% after earnings beat — but reports first flat revenue growth in history

KEY POINTS Alibaba reported fiscal first-quarter earnings on Thursday that beat expectations, sending shares higher. In the quarter, Alibaba faced a number of headwinds including a resurgence of Covid in China that led to major cities being locked down and a sluggish Chinese economy in the second quarter. Alibaba reported fiscal first-quarter earnings on Thursday that

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Oxford City Football Club Partners with CoinCorner to Accept Bitcoin Payment

Oxford City Football Club Partners with CoinCorner to Accept Bitcoin Payment

Oxford City Football Club (OCFC), one of the world’s most successful and coveted football clubs, has partnered with Isle of Man-based bitcoin company CoinCorner to offer bitcoin payments. Starting Aug. 6, users can buy tickets, food, and drinks at its RAW Charging Stadium using bitcoin, which is accepted as an alternative to credit cards and

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Mastercard Views Crypto More as Asset Class Than Form of Payment

Mastercard Views Crypto More as Asset Class Than Form of Payment

Mastercard sees cryptocurrency as more of an asset class than a means of payment, according to the payments giant’s chief financial officer. Mastercard’s crypto strategy “has been fairly successful ever since crypto environments came up,” he added. Mastercard’s CFO on Crypto as Asset Class vs. Means of Payment Mastercard Chief Financial Officer (CFO) Sachin Mehra

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World Blockchain Summit – Singapore

World Blockchain Summit – Singapore

The 20th global edition of the World Blockchain Summit (WBS) was a wrap. Held in Singapore from 14–15 July 2022 at the Marina Bay Sands Expo and Convention Centre, The summit features enterprise use-cases, government use-cases, inspirational keynotes, panel discussions, tech-talks, blockchain exhibition, startup pitch competitions, and a host of networking opportunities. Organized by Trescon,

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Apple chipmaker TSMC warns Taiwan-China war would make everybody losers

Apple chipmaker TSMC warns Taiwan-China war would make everybody losers

KEY POINTS If China were to invade Taiwan, the most-advanced chip factory in the world would be rendered “not operable,” TSMC Chair Mark Liu said. “The war brings no winners, everybody’s losers,” Liu said. He said an invasion would cause economic turmoil for China, Taiwan and Western countries. If China were to invade Taiwan, the

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